Everything you ever wanted to know about MoviePass, the $10 a month service that lets you see one movie per day in theaters

Though MoviePass has been around since 2011, it didn't break into the mainstream until Tuesday. That's because the company announced it would slash the price of its all-you-can-watch movie buffet to a mere $9.95 a month.

As someone who has been a MoviePass subscriber for the better part of the past two years, and who until this week was paying $50 a month for my unlimited moviegoing privileges, I was thrilled to hear the news.

Over the past few days, however, I've found myself fielding countless questions from friends, colleagues, and Business Insider readers about the service and whether it's really as good a deal as it sounds. With that in mind, here's are the answers to the questions I've been asked most: